NCM newcrest mining limited

support for 21.50, page-7

  1. 13,192 Posts.
    lightbulb Created with Sketch. 2823
    should be an interesting day,,,

    POG AUD continues to fall and is now below 1550AUD /OZ, POG USD no mega bounce to 1665USD like promoted by ANZ hard yesterday - (thier thoery was strong Chinese buying despite a 50Pc fall in turnover on the day)

    Equities in Europe and USA go further, non producing assets falling in value lose thier shine

    Energy costs continue to hold up high

    Time will tell how margined the punters are and suspect it wont be long before we go down to see the 52 week low at 20.89.....

    Never know of course, bulls dominate the senitment....
 
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